NOVEL WEB Chapter 66
No investor is willing to put his money in a big pit with no visible return.
As the strongest player of the new generation in the financial industry, Lin Feng is famous for his sharp vision. Otherwise, how could he have made hundreds of billions of profits in just three futures operations.
But that's it, he is willing to put most of his wealth on Liu Edong. How can this not make Liu Edong burst into tears of gratitude!
"You can rest assured that if I invest in Jindong Group, the shares held by Fengteng Investment will be fully vested in Mr. Liu Edong with the right to act on behalf of me. Apart from dividend distribution, I will not interfere with Jindong's daily business operations."
Looking at the silence of everyone in Jindong, Lin Feng added another sentence.
In fact, he didn't have much interest in joining Jindong Group. The reason why he invested was just to increase his asset holdings. After all, he still had 150 billion US dollars to put aside. Eating interest in a Swiss bank.
Compared with eating interest, investing in Jindong will allow him to see greater returns. Why not?
Hearing this, Liu Edong became even more excited. If Fengteng Investment acquired 36% of Jindong Group shares, plus the 15.8% of the shares he holds, the total shares have exceeded half. From now on, the right to speak of Jindong Group will be completely in his hands. How can it be like now, with the first shareholder Penguin and the third shareholder Shareholder Wal-Mart's control is immobilized
"Mr. Lin has come a long way and is exhausted from the journey. He must be tired. Why not check into the hotel first and let us discuss the investment."
At this time, Liu Edong had come to his senses and said calmly.
Lin Feng glanced at him and then nodded. The most important purpose of coming to the capital this time has been achieved. As for investing in Jindong, it was just an unexpected idea..
So, he was not in a hurry.
In addition, he was a little tired after flying for so long, so he simply visited the Jindong headquarters for a while and checked directly into the five-star hotel arranged by Jindong.
After lunch at Quanjude Afterwards, Lin Feng took a beautiful nap, paying no attention to the noise from the outside world........
At the same time, Jindong headquarters held a huge strategic development meeting
"I think you all know what happened this morning. Let’s talk about whether you should accept Feng Teng’s investment first."
Sitting at the top of the conference room, Liu Edong looked down at the people in the audience and said lightly.
There were seven people sitting in the conference room. Apart from Liu Edong, the remaining ones were Jindong CMO Xu Lei, CTO Zhang Chen, Jindong Vice President , Li Kefeng, head of mall technology and data center, Pei Jian, vice president of Jindong and president of big data and smart supply chain division, Zhou Bowen, vice president of Jindong and head of AI platform and research department, and vice president of X business unit of Jindong President Xiao Jun.
The seven people present constitute the top management of Jindong Group. They are related to the future development of the entire group, because they are not only top managers, but also shareholders who hold a large share.
"US$10 billion in exchange for 36% of the shares is a bit too much."CMO Xu Lei immediately expressed his opinion.
"Under the current situation, it is not easy to find such a large amount of investment. I personally feel that I can agree to Fengteng's investment. Li Kefeng, head of the mall's technology and data center, said in a deep voice.
Pei Jian, president of the big data and smart supply chain division, frowned:"The group recently spent a lot of money repurchasing shares, and our cash flow is already somewhat limited. Embarrassed, if it can no longer attract external funds, there may be problems in operations alone. CTO
Zhang Chen, who had been pondering for a long time, also nodded in agreement:"The group's research on drones and big data has reached a critical point. If we fall short, it will cause a chain reaction.""
After a pause, he continued:"Fengteng Investment, as the controller behind Longteng Group, they have a clear trend for operation management, which can be seen from Longteng."
"Introducing Fengteng Investment and replacing some investors who do not support the group's strategy is the best choice."
At present, Jindong's ownership structure is very clear. Penguin is the largest shareholder, holding 18.1% of the shares; Liu Edong is the second largest shareholder, holding 15.8% of the shares.
Walmart is the third largest shareholder, holding 10.1% of the shares. Hillhouse Capital is the fourth largest shareholder, holding 8.9% of the shares.
The six senior officials of Gold East present hold 7.1% of the shares, becoming the fifth largest shareholder.
The remaining shares are Tiger Fund, which holds 2.6%, and Capital Today, which holds 3.5%.
Retail investors occupy the market. 33.9% of Gold East shares.
However, due to the plummeting stock price, many retail investors are selling. Gold East Group acquired individual shares worth US$1 billion, and there are still many delivery orders on the market. It is said that
Hillhouse Capital and Tiger Fund , Today's capital is seeking to take over, trying to stay away from the pit of Jindong.